Gapping down
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- INFA -35.1%, AENT -13.1%, CLW -12.5% (also announces 10% workforce reduction), ISSC -12.3%, KN -10.1%, TWLO -9.5%, DVA -9.1%, EGAN -7.7%, MGA -6.2%, GDDY -5.7%, PDFS -5.7%, PANW -5%, AMAT -4.8%, MRNA -4.2%, NWG -3.6%, KNSL -3%, AEE -2.8%, SXT -2.6%, COHU -2.2%, RARE -2.1%, BFAM -2%, COIN -1.6%, IR -1.4%, VNDA -1.3%, DLR -1.1%, LEG -1.1%, MSI -1.1%
Other news:
- IFRX -18.5% (prices offering of ordinary shares and pre-funded warrants)
- NPCE -10.7% (offering of 6,500,000 shares of its common stock at $10.00/share)
- DVA -9.1% (Berkshire Hathaway (BRK.A / BRK.B) sold 203,091 shares pursuant to the Share Repurchase Agreement between Berkshire and DaVita dated as of April 30, 2024 worth about $31.7 mln)
- TCX -6.7% (authorizes new $40 mln share repurchase program)
- SA -5.6% (prices offering of 6.54 mln shares of common stock at $12.25 per share)
- ALLE -1.2% (to acquire Lemaar Australia)
- ORRF -1% (names new COO)
- KMB -0.8% (files mixed shelf securities offering)
- CMI -0.8% (files mixed shelf securities offering)
Analyst comments:
- PCG -1.8% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
- QSR -1.3% (downgraded to Hold from Buy at TD Cowen)